Insider Trading July 10, 2026 05:31 PM

Riskified Director Shachar Erez Offloads $671K in Shares Under Pre-Arranged Plan

Qumra Capital's managing partner executes transactions as Riskified navigates post-earnings dynamics and active buyback programs

By Hana Yamamoto
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Riskified Ltd. (RSKD) director Shachar Erez has completed the sale of Class A Ordinary Shares valued at approximately $671,462 over two consecutive days in early July. The transactions were facilitated through a Rule 10b5-1 trading plan initially established by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P. on March 16, 2026. Erez, serving as a managing partner for Qumra Capital, executed the sales while the firm held the shares indirectly. This activity occurs amidst Riskified's recent financial reporting and broader market movements, with the stock trading near its 52-week high. The company's balance sheet reflects a strong cash position relative to debt, and management has been actively engaged in share repurchases.

Riskified Director Shachar Erez Offloads $671K in Shares Under Pre-Arranged Plan
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Key Points

  • Riskified director Shachar Erez sold approximately $671,462 worth of Class A Ordinary Shares through a Rule 10b5-1 plan established by Qumra Capital, reducing the firm's indirect holdings from 1,561,421 to 1,496,621 shares.
  • The company reported first-quarter 2026 EPS of -$0.03, missing projections, but achieved revenue of $88.27 million, slightly exceeding the $87.9 million forecast, prompting DA Davidson to reaffirm a Buy rating with a $6.00 price target.
  • Riskified's Board authorized an additional $75 million share buyback program, pending regulatory approval, adding to the $344.4 million already utilized from a $375 million authorization, while the company maintains a strong cash position with a current ratio of 5.55.

Riskified Ltd. (RSKD) director Shachar Erez has concluded a series of share dispositions totaling approximately $671,462 across two trading days in early July. The transactions, which took place on July 8 and July 9, 2026, were executed under the framework of a pre-arranged Rule 10b5-1 trading plan. This specific plan was originally adopted on March 16, 2026, by Qumra Capital I L.P. and Qumra Capital I Continuation Fund L.P., collectively identified as Qumra Capital. Erez serves as a managing partner for Qumra Capital, which maintained indirect ownership of the shares involved in these sales.

On July 8, 2026, Erez reported the disposition of 64,349 Class A Ordinary Shares. These shares were sold at a weighted average price of $5.176 per share, with individual transactions occurring within a price range of $5.15 to $5.21. Following this initial transaction, Qumra Capital's indirect holdings of Class A Ordinary Shares stood at 1,561,421. The subsequent day, July 9, saw the sale of an additional 64,800 Class A Ordinary Shares. The weighted average price for these shares was recorded at $5.2221, with individual transaction prices ranging from $5.09 to $5.26. After this second sale, Qumra Capital’s indirect holdings were reduced to 1,496,621 Class A Ordinary Shares.

These transactions occurred while Riskified shares were trading near $5.13, a level approaching the stock's 52-week high of $5.68 and significantly above its 52-week low of $3.70. According to InvestingPro analysis, the stock appears undervalued at current levels, with the company maintaining a financial health score of 2.88 out of 5, categorized as GOOD. The stock has demonstrated strong momentum recently, with shares delivering positive returns over the past three months. Erez also directly holds 80,053 Class A Ordinary Shares, which includes both shares and outstanding restricted stock units (RSUs). Each RSU represents the right to receive one Class A Ordinary share upon vesting and settlement. He disclaims beneficial ownership of the Class A Ordinary Shares held by Qumra Capital, as well as the directly held shares and RSUs, except to the extent of his pecuniary interest, if any, therein.

While this insider sale occurred, InvestingPro data reveals that management has been aggressively buying back shares, and the company holds more cash than debt on its balance sheet with a current ratio of 5.55. Investors seeking deeper insights can access Riskified’s comprehensive Pro Research Report, one of 1,400+ available reports that transform complex financial data into clear, actionable intelligence. The platform offers additional ProTips and exclusive metrics to help evaluate the company’s $742.5 million market capitalization and growth prospects.

In other recent news, Riskified Ltd. reported its first-quarter 2026 earnings per share (EPS) at -$0.03, which fell short of the projected $0.04. However, the company’s revenue slightly exceeded expectations, reaching $88.27 million compared to the forecast of $87.9 million. In a related development, Riskified’s Board of Directors authorized an additional $75 million share buyback program, pending Israeli regulatory approval. This new authorization complements existing repurchase programs, which have already utilized approximately $344.4 million of the $375 million previously authorized. Furthermore, DA Davidson reiterated a Buy rating for Riskified, maintaining a price target of $6.00 per share. The firm highlighted that Riskified’s recent quarterly results surpassed consensus expectations in both revenue and earnings, driven by new business wins and upselling activities. These developments reflect ongoing investor interest and confidence in the company’s performance and strategic initiatives.

Risks

  • The first-quarter 2026 EPS of -$0.03 fell short of the projected $0.04, indicating potential challenges in meeting earnings expectations despite revenue growth.
  • The new $75 million share buyback program is pending Israeli regulatory approval, introducing uncertainty regarding the timing and completion of the repurchase activities.
  • While the stock has shown positive momentum and appears undervalued according to some analyses, the company's EPS miss highlights the risk of continued earnings pressure in future quarters.

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